Wednesday - June 4, 2025
Luminar Technologies (NASDAQ: LAZR), a leading automotive technology company, has announced a collaboration with electric vehicle manufacturer Polestar Automotive (NASDAQ: PSNY) and autonomous technology company Mobileye (NASDAQ: MBLY).
The new collaboration will aim to boost autonomous driving capabilities in the Polestar 4 electric vehicle. Introduced in August, the Polestar 4 will be the first production vehicle to combine Mobileye’s Chauffeur driver-assistance platform with Luminar’s LiDAR technology.
This collaboration further extends the existing relationship between Luminar and Mobileye and expands on the partnership announced between Luminar and Polestar earlier this year.
Austin Russell, founder and CEO of Luminar stated: “Together, we look forward to raising the benchmark in the industry for what a safe and autonomous future can look like.”
Thomas Ingenlath, Polestar CEO added: Being able to add Luminar’s industry-leading LiDAR to the platform’s development increases the strong link between our companies and brings even more world-class technology to Polestar 4.”
Luminar Technologies is a global automotive technology company ushering in a new era of vehicle safety and autonomy.
Shares of Luminar Technologies trade on the NASDAQ under the ticker symbol LAZR.
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